Monday, January 30, 2023

Energy Sec. Granholm on How Infrastructure Bill Will Reduce Inflation and Supply Challenges


Well, of course, there are different parts of this law that will be passed quickly, and some will take a little longer to develop.

The ones that fit the formula will go fast, things like insulation assistance that goes to states and they have a formula for giving it out, maybe road funding you heard about, bridge funding you heard about.

But there is also Judy, I think some things may be more medium-term, but very important, for example, the investment in the transmission network, which we will need to expand significantly if we are going to triple the amount of renewable energy in this network that is needed to achieve presidential goals of 100% clean energy by 2035, or spending on broadband. Each state will receive $ 100 million to be able to build broadband, especially in areas that currently do not have access to it, poorer areas, rural areas, etc.

I think you will see a rapid movement in the construction of charging stations for electric vehicles all over the country. There will be 250, 500 to 500,000 EV stations, again in areas that the private sector has not yet taken up, such as along the highway, or in rural areas, or in poorer areas where there are few EVs yet, but could be …

So there is something to love in what we see. And I’m very encouraged by the bipartisan nature of this and the fact that we do seem to have a deal, which is great.

Nation World News Desk
Nation World News Desk
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